SALT LAKE CITY, July 20, 2017 (GLOBE NEWSWIRE) -- EPIS, the leader in power market simulation, forecasting and analysis, announced that it is now able to format and integrate additional Southwest Power Pool, Inc. (SPP) Integrated Transmission Planning (ITP) data for use with AURORAxmp. SPP is a regional, non-profit transmission organization that manages the electric grid and energy market for a 14-state region in the central United States. Users of AURORAxmp, who have received approval from SPP to use this additional data, will be able to stay more synchronized with the RTO’s key assumptions affecting generation and transmission planning, power price forecasting and associated market analysis.
Vetted data from SPP includes: detailed resource assumptions, including heat rates, capacities, etc.; demand growth assumptions through 2035; and SPP ITP transmission network files, including all three futures (which contain various generation expansion/retirement/CO2 policy scenarios). EPIS offers several calibrated databases with AURORAxmp and makes it easy to integrate data from other sources.
“AURORAxmp users who need to incorporate data from SPP will now be able to easily do so,” said Ben Thompson, CEO of EPIS. “In the past, many organizations have felt confined to a single tool from a single vendor to obtain and incorporate this critical data. Now they will have a choice.”
EPIS’s expert support teams are there to guide customers through incorporating this formatted data into their current workflows for forecasting and analysis. SPP member companies and/or entities that have gone through the process of meeting their requirements to access the ITP data will be able to use it with AURORAxmp. The ability to utilize this data alongside the included calibrated datasets, combined with AURORAxmp’s power, speed and flexibility will give users even more insight into power markets.
As with any of AURORAxmp’s included or supplemental databases, users can expect the highest level of software integration, model control and easy data exchange. Users can easily import and overlay their own assumptions and other data sources for more powerful, customized insights.
About EPIS
EPIS, LLC (www.epis.com) is the developer of AURORAxmp, the leading-edge software for forecasting wholesale power market prices. The company also provides ready-to-use data for the United States and Canada, Mexico and Europe, and unrivaled customer support to its growing body of customers worldwide. A variety of organizations-including utilities (large and small), independent power producers (IPPs), developers, traders, energy consultants, regulatory agencies and universities-use AURORAxmp to model power system dispatch and the formation of both nodal and zonal wholesale power prices, and to perform a wide range of associated analytics over the short- and long-term. AURORAxmp is a comprehensive solution to power market modeling needs. Offices are located in Salt Lake City, UT, Tigard, OR and Sandpoint, ID.
Disclaimer: This press release was prepared by EPIS. Information contained herein regarding AURORAxmp does not constitute or imply its endorsement, recommendation, or favoring by SPP or any agency thereof.